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What is the Recycling Modernisation Fund – Plastics Technology Stream?
The $60 million Recycling Modernisation Fund – Plastics Technology Stream is a national initiative to tackle plastic recycling and pollution. It helps advanced technologies deal with tough-to-recycle plastics, like soft plastics. This boosts recycling rates, shifts from new plastics, and drives a safer circular plastic economy.
Background
The Australian Government is investing $250 million in new and upgraded recycling infrastructure in partnership with the states and territories.
The Recycling Modernisation Fund – Plastics Technology Stream will contribute to the following targets of the National Waste Policy Action Plan:
- To build industry capacity and infrastructure to collect, separate, and recycle plastics and to remanufacture recycled plastic materials
- Identify financial and other incentives that may assist key industries, including the waste and resource recovery industry, to transition to a more circular economy
Objectives
The Recycling Modernisation Fund – Plastics Technology Stream aims to:
- support a safe circular economy for plastics in Australia
- promote collaboration across supply chains
- significantly increase recycling and recovery rates of hard-to-recycle plastics
- build confidence to invest in recycling infrastructure in Australia
- ensure more waste plastic is remade into valuable new products
- support long-term jobs and a more highly skilled workforce in our recycling industry
- protect our environment through reduced plastic pollution.
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Funding
Up to $60 million is available under the Recycling Modernisation Fund – Plastics Technology Stream. Some state or territory governments will also contribute funding.
Grants are between $1 million and $20 million.
You must contribute at least 50% of the eligible project financial costs.
Eligible Projects
Eligible activities include:
- advanced recycling projects targeting hard-to-recycle plastics
- commercialisation or scaling-up of emerging and trial technology
- technology to extract plastics from products (such as e-waste) to make high value products
- equipment for existing or new material or plastic recovery facilities
- end-to-end solutions for our plastics supply chain.
Applications must be for:
- new infrastructure, technology, processes, machinery or equipment
- an improvement or expansion of existing infrastructure, technology, processes, machinery and/or equipment
- commercialisation or scaling up to build or increase existing capacity.
Eligible Applicants
Applications for funding are only open to state and territory governments and must have an identified project proponent. In the case of a consortium, each of the project proponents must be identified.
Eligible applicants include:
- Australian entities or partnerships under the Corporations Act 2001 (Cth)
- Entities or partnerships under the Corporations (Aboriginal and Torres Strait Islander) Act 2006
- Australian research institutions (e.g., tertiary education institutions, government research agencies, accredited private research facilities)
- Local government entities (councils, regional councils, local government-controlled bodies)
- Non-government/not-for-profit organizations (meeting Australian Taxation Office’s criteria)
- Aboriginal Land Councils
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Call 1300 658 508
Timing
Applications close 13 November 2023.
